This topic is near and dear to me! Several years ago I was steering a large real estate
project in northwest Alabama. I was working for a timber company who owned 20 miles of shoreline on Smith Lake. I was asked to chose a Realtor to help identify and market these properties. I interviewed several realtors and chose a
realtor who was an Accredited Land Consultant. I was so impressed with their
knowledge and land expertise. Therefore when I decided to pursue a real estate
career, I decided to pursue this designation. I checked with the Georgia Real
Estate Commission recently and was told there are over 60,000 people in Georgia
licensed to sell real estate. At the time of this posting, there are only 26
with this highly esteemed designation. So what is it ????
The REALTORS®
Land Institute confers the esteemed Accredited Land Consultant (ALC)
designation to only those individuals who have achieved the highest
level of education, experience, and professionalism.
MEMBERSHIP REQUIREMENT
ALC candidates must be Institute members in good standing for at least
6 months prior to filing an ALC
designation application.
EDUCATION REQUIREMENT
Successful completion of a total of six Land University courses. Courses may be completed
in a live classroom, online, through the hybrid (independent study) program, and
other delivery systems that may be made available.
Required courses (3 total):
-Land
101: Fundamentals of Land Brokerage
-Land
Investment Analysis
-Tax
Deferred 1031 Exchanges
Electives (3 of 6):
-Tax
Implications of Real Estate
-Agricultural Land Brokerage and Marketing
-Creative
Land Planning
-Land
Development
-Timberland
-Site
Selection
-Practical
Navigation for Land Brokers
-other
electives as developed by the REALTORS® Land Institute
EXPERIENCE REQUIREMENT
Applicants must submit a resume that demonstrates a minimum of 3 years of experience in land sales or brokerage or a minimum of three years of comparable real estate experience in auction, appraisal*, leasing, development, farm management, consulting, brokerage management**, or related services in land.
VOLUME
REQUIREMENT
Applicants
must submit a portfolio. The
portfolio must substantiate the applicant's participation and material involvement as
a broker, agent, consultant, or employee in at least 5 closed land
transactions totaling
$10,000,000*, or a minimum of 25 separate land transactions.
EXAM
All
ALC designation applicants must successfully complete comprehensive online exam
that covers the core components of the Land University curriculum.
If
you decide to sell or buy real estate, why not choose someone who specializes
in the
type real estate you have an interest in and go with the best. I earned my designation in December 2009!!
For Information on Buying or Selling LAND, contact G. Kent Morris,
ALC, RF @ 706.457.0090
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